Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans A, B and C were partners sharing profits in the ratio of 3 : 2 : 1 respectively. B retired on 31st March, 2024. On that date the capitals of A, B and C after all adjustments were ₹ 5,10,000; ₹ 3,30,000 and ₹ 1,80,000 respectively. 164 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Radha, Manas and Arnav were partners in a firm sharing profits and losses in the ratio of 3 : 1 : 1. Their Balance Sheet as at 31st March, 2019 was as follows: 143 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Kushal, Kumar and Kavita were partners in a firm sharing profits in the ratio of 3 : 1 : 1. On 1st April, 2023 their Balance Sheet was as follows: 168 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C are partners in a firm sharing profits in the ratio of 3 : 2 : 1. On 31st March 2022 C retired. Following balances were disclosed by the Firm’s Balance Sheet on this date: 162 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans P, Q and R are partners in a firm. R retires from the firm. On the date of retirement, ₹ 3,00,000 is due to him. It is agreed to pay him in instalments every year at the end of the year 145 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans P, Q and R were partners sharing profits and losses in the ratio of 5 : 3 : 2 respectively. As at 31st March, 2022 the Balance Sheet of the firm stood as follows: 157 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Following is the Balance Sheet of G, K & W as at 31st March, 2019 who share profits in the ratio of 3 : 2 : 1. 170 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans R, S and T were partners in a firm sharing profits in 2 : 2 : 1 ratio. On 1-4-2021 their Balance Sheet was as follows: 165 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Lalit, Madhur and Neena were partners sharing profits as 50%, 30% and 20% respectively. On 31st March, 2021, their Balance Sheet was as follows: 144 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C are partners sharing profits in 4 : 3 : 3. Their Balance Sheet as at 31st March 2020 was as follows: 169 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z are partners in a firm sharing profits in the ratio of 3 : 2 : 1. On April 1st 2024, X retires from the firm, Y and Z agree that the capital of the new firm shall be fixed at ₹ 2,10,000 in the profit-sharing ratio 154 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Ajay, Vijay and Sanjay are partners in a firm sharing profits and losses in the ratio of 5 : 4 : 3. Vijay retires. After making all adjustments relating to revolution, goodwill and accumulated profits 161 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans The Balance Sheet of X, Y and Z who were sharing profit in proportion of capitals is as follows: Sundry Creditors ₹ 7,000 198 viewsAnurag Pathak Changed status to publish April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans P, Q and R are partners in a firm. Q retires and his claim including his capital and his share of goodwill is ₹ 8,00,000. There was an unrecorded furniture valued at ₹ 60,000 162 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Piu and Nina are partners in a firm sharing profits and losses in the ratio of 3 : 1 respectively. Nina retires and her claim, including her capital and entitlements 140 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans On 31st March, 2022 the Balance Sheet of M/s A, B and C sharing profits and losses in proportion to their fixed Capitals stood as follows: 177 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C are in partnership sharing profits in the ratio of 3 : 2 : 1. On 28th February, 2023 C retires from the firm. Their Balance Sheet on this date was as follows: 134 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z were partners in a firm sharing profits in 5 : 3 : 2 ratio. On 31st March, 2023 Z retired from the firm. On the date of Z’s retirement the Balance Sheet of the firm was as follows: 139 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Following is the Balance Sheet of X, Y and Z as at 31st March, 2022. They share profits in the ratio of 3 : 3 : 2. 173 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Sameer, Yasmin and Saloni were partners in a firm sharing profits and losses in the ratio of 4 : 3 : 3. On 31.3.2016, their Balance Sheet was as follows: 160 viewsAnurag Pathak Changed status to publish April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Anita, Gaurav and Sonu were partners in a firm sharing profits and losses in proportion to their capitals. Their Balance Sheet as at 31st March, 2019 was as follows: 151 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans Manoj, Naveen and Deepak were partners sharing profits and losses in the ratio of 4 : 3 : 2. As at 1st April 2022, their Balance Sheet was as follows: 156 viewsAnurag Pathak Changed status to publish April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans P, Q and R were partners in a firm sharing profits in the ratio of 2 : 3 : 5. On 31-3-2024 their Balance Sheet was as follows: 148 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans X, Y and Z are partners in a firm sharing profits and losses equally. The balance Sheet of the firm as at 31st March, 2023 stood as follows: 177 viewsAnurag Pathak Changed status to publish April 13, 2025DK Goel Retirement of a partner 0 Votes 1 Ans A, B and C are partners sharing profits in the ratio of 5 : 3 : 2. C retires and A and B agree to share future profits in the ratio of 6 : 4 148 viewsAnurag Pathak Answered question April 13, 2025DK Goel Retirement of a partner « Previous 1 2 3 4 5 … 173 174 Next » Question and answer is powered by anspress.net